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re: FBI Raids Brooklyn NY Man For Hoarding 5,000 Boxes Of N95 Masks & Selling At 700% Markup

Posted on 4/1/20 at 12:39 am to
Posted by Blizzard of Chizz
Member since Apr 2012
21635 posts
Posted on 4/1/20 at 12:39 am to
another dumb thought but on what basis is the FBI to carry out these raids? Are they going to the judge to get a search warrant? How is a warrant even being granted when owning, or possessing large quantities of medical supplies is not illegal?

FBI: Your honor we need a warrant to search Joe Blow's home and business because we have evidence that he is in possession of 5000 boxes of N95 masks.

Judge: Did he acquire them by means of theft or other illicit acts?

FBI: No sir, it appears he spent months and years buying them on the open market

Judge: Warrant granted.. and make sure you shoot the son of bitch's dog for good measure
Posted by efrad
Member since Nov 2007
18704 posts
Posted on 4/1/20 at 12:46 am to
(no message)
This post was edited on 1/11/21 at 1:12 am
Posted by noonan
Nassau Bay, TX
Member since Aug 2005
37017 posts
Posted on 4/1/20 at 12:55 am to
quote:

If the govt can arrest a guy for "hoarding" masks,


I'm probably looking at it the wrong way, I understand the guy is a pos, but why should the government tell him what price he has to sell the masks at?

What's to stop them from telling a legit company that is selling the masks that they can't profit from them?

Or hell, what to stop them from just taking them either way even if they are selling them at cost?

I don't think that's going to happen, but situations like this make you think about it.
This post was edited on 4/1/20 at 2:33 am
Posted by Blizzard of Chizz
Member since Apr 2012
21635 posts
Posted on 4/1/20 at 1:42 am to
I can guarantee you that that guy acquired those masks long before the defense production act was triggered. Also I'd like to know what has happened to the 30+ million masks 3M has produced this month and the millions of others masks as well that are being produced by manufacturers large and small. No way we have blown through that many masks already, What stockpiles are hospitals sitting on currently while their nursing staffs take to social media by the thousands to complain about the lack of masks?
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 4/1/20 at 2:08 am to
quote:

There are hundreds of millions of people worldwide going above and beyond what is expected of them without any expectation of a massive uptick in compensation. They have a moral compass and an IQ above 70.


My wife and I previously worked in health care, and still have lots of contact with healthcare providers and administrators. There is currently ongoing discussion about “hazard pay” likely being needed to attract, and maintain the needed numbers of healthcare workers.
Posted by kciDAtaE
Member since Apr 2017
17804 posts
Posted on 4/1/20 at 5:51 am to
quote:

I thought consumer could decide to buy or not buy and not need an FBI to tell me that I can’t buy from a over priced provider


They aren’t arresting the buyer.
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 4/1/20 at 6:09 am to
quote:

so terrorism on top of other charges
.

Or he’s doing everyone a favor
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141254 posts
Posted on 4/1/20 at 6:12 am to
Good. Put him in jail.
Posted by Penrod
Member since Jan 2011
57573 posts
Posted on 4/1/20 at 6:30 am to
quote:

The number of supposedly educated people whom are unable to grasp

Whom farted?
Posted by Penrod
Member since Jan 2011
57573 posts
Posted on 4/1/20 at 6:35 am to
quote:

If someone had the wealth to do that, he would present the market with unlimited demand. There would be momentary shortages in the area, prices would rise and the market would then move tons of gasoline into the area in response.

There are laws against this because there are plenty of people who have the money to do this, and they were doing this. It was horribly disruptive and resulted in the growth of anti-trust laws in the US.

Here is a Wikipedia explanation for why this is not allowed
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 4/1/20 at 6:43 am to
quote:

Thib-a-doe Tiger

Stfu already
Posted by Grinder
Member since Nov 2007
2760 posts
Posted on 4/1/20 at 7:02 am to
Your family sounds like good people.

Sadly, they’re stuck with you, the self-righteous douche.

I read 5 pages of your garbage, and have concluded you have a very punchable face.
Posted by SavageOrangeJug
Member since Oct 2005
19758 posts
Posted on 4/1/20 at 7:04 am to
Posted by ElderTiger
Planet Earth
Member since Dec 2010
7882 posts
Posted on 4/1/20 at 7:15 am to
quote:

Baruch Feldheim,
Posted by WITNESS23
Member since Feb 2010
13877 posts
Posted on 4/1/20 at 7:31 am to
Shitty thing what the guy was doing, but this is why the second amendment is so important.

Posted by TIGRLEE
Northeast Louisiana
Member since Nov 2009
31493 posts
Posted on 4/1/20 at 7:33 am to
Good


F this dude.
Hope he gets it
Posted by GreatLakesTiger24
Member since May 2012
61612 posts
Posted on 4/1/20 at 7:45 am to
We live in a society
Posted by Mo Jeaux
Member since Aug 2008
64605 posts
Posted on 4/1/20 at 7:47 am to
quote:

Shitty thing what the guy was doing, but this is why the second amendment is so important.


Wut?
Posted by tigerfoot
Alexandria
Member since Sep 2006
61734 posts
Posted on 4/1/20 at 7:50 am to
quote:

Wal-Mart has 11,766 stores...Target has 1829 stores. Guess which one gets the better cost of goods.
probably identical if the same in store promotion is included.
Posted by phunkatron
Member since Jun 2019
1444 posts
Posted on 4/1/20 at 7:51 am to
I'm not switching back and forth at all. I'm saying that maintaining steady supply lines for these critical items needs to supercede your principles of free market economics. The market playing itself out and forcing this guy to lower his prices does zilch to help anyone in the weeks to months that it will take. Those boxes of supplies could used right now to help protect people, instead they're locked up in some warehouse.
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